Alexion Pharmaceuticals Boosts its Rare Disease Pipeline with Taligen Acquisition
Heather Cartwright
Abstract
In order to bolster its pipeline for rare diseases, Alexion Pharmaceuticals has purchased the privately held biotech company Taligen Therapeutics for US$111 M upfront and undisclosed contingent milestone payments for six of its drug programmes. With the acquisition, Alexion will obtain Taligen’s preclinical-stage protein and antibody therapies that inhibit pathways of the complement system. Taligen will also form the basis of Alexion’s new Translational Medicines Group in Cambridge, Massachusetts.
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